ON 'CHANGE.

Auckland Star, Volume LXII, Issue 15, 19 January 1931, Page 4

ON 'CHANGE.

FLUCTUATIONS IN SHARES. WEEK OPENS QUIETLY. The new week opened very quietly on the Auckland Stock Exchange. Bidding was half-hearted, and no sales were recorcled. In banking shares buyers of Commercials advanced their offers to 14/6, but otherwise there were no alterations, compared with week-end quotations. In insurances Nationals were asked for at 13/, and for New Zealands £2 0/9 was offered. A parcel of Taupiri Coal shares failed to find a buyer at £1 1/. Waihis were still in demand, with buyers at 15/ for the parent company's scrip and 2/ for Grand Junctions. Holders, however, raised their reserves to 16/ and 2/6 respectively. At Noon Call. Sales were reported at the noon call in Commercial Bank of Australia shares at 14/7V2 and 14/7. Buyers still offered 14/0, but sellers asked threepence more. Buyers again came in for New South Wales Bank shares at £26, an advance of 10/ on the offer at the opeuing call. Sellers remained at £2S. New Zealand Insurance shares firmed at the noon tall, sales being reported at £2 1/6, which price was paid for more in the room, and buyers were left offering £2 V. Auckland Gas eased 2d for ordinary and Id for contributing issue in the selling rates, but buyers remained unaltered. New Zealand Breweries were offered at £1 16/, a drop of 6d, which brought in a buyer at £ 1 14/6. The selling rate of Motnroa Oil shares also dropped from 5/ to 4/, but no seller quoted. The 1933 loan of 5% per cent was inquired for at £99 10/, an advance of 2/6, but business did not result. INTEREST RATES. The return to the investor on his outlay, based upon the latest dividends and in the case of loans and debentures upon redemption at maturity, works out as follows for the latest sales:— PER CENT PER ANNUM. £ s. d. ■ Com. Bank of Australia .... 8 31 i> New Zealand Insurance .... 4 12 4 CALL AND DIVIDEND LIST. DIVIDENDS. Due. British Tobacco —Quarterly, pref., 6J p.c. p.a. Jan. 31 Reliance Loan—lnterim, 10 p.c. p.a. on ord. shares Jan. 31 Grey Valley Collieries —Final, 3 p.c Feb. Com. Bank of Australia—lnterim, 122 p.c. p.a Feb. 6 N.Z. Insurance —Interim, 1/ a share Ifeb. 11 Dnion Bank—lnterim, 10 p.c. , P.a — SOUTHERN EXCHANGES. (By Telegraph.—Press Association.) CHRISTCHURCH—Saturday. £ s. d. Com. Bank of Australia (pref., cum div.) 5 19 0 . Ditto 5 IS 0 New Zealand Breweries .... 115 3 Tooth's Brewery 1 0 6 Australian Glass .......... 1 3 0 N.Z. Refrig. (10/ paid) .... 0 1 .0 Mount Lyell (4 parcels) .. 0 17 f> Mahakipawa 0 0 8 Ditto (2 parcels) ....... 0 0 BJ.